Murphy Wealth crunched the numbers to see how much taking a tax-free lump sum could cost a typical saver instead of leaving ...

Every year, thousands of savers take advantage of pension freedoms rules to withdraw tax-free lump sums from their pots.

I’ve read that the Social Security Administration offers a lump-sum payment to new retirees who need some extra cash. I haven ...

If changes are proposed will they take effect immediately, or at the start of the next tax year, or do the possible changes ...

Taking a lump sum from your pension can be a fantastic way to pay off your mortgage, help out the kids or boost your savings. But understanding the rules is crucial if you want to make the most of ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Pensions provide additional income that can help you in ...

Colbert Narcisse, the chief product and business development officer for TIAA, proposes a three-part framework to increase ...

Rachel Reeves has been warned that making changes in the Budget to the amount of cash people can withdraw tax-free from their ...

Applying early stunts your benefit for life. The longer you live, the more likely you are to run through your other savings, ...

The long-running uncertainty regarding the application of cancellation rights (or otherwise) to pension commencement lump ...

Speculation about a new lower cap on tax-free cash is understood to have prompted a renewed rush of withdrawals, following a ...

The first 25 per cent of your pension can be taken out tax-free as a lump sum, but this doesn't make it the best choice for ...